AVQ 0.00% 2.5¢ axiom mining limited

Ann: Capital raising transaction for up to $2.5 million, page-17

  1. 748 Posts.
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    Now that's a relevent question. Glad that you asked that question.

    There are a mixture of issues. Firstly the project is in SI. We, the long term holders, already know the political uncertainities in this area. It's high risk for most Lenders. Financing wouldn't be an ideal solution at this situation as we are trying to fast track to mining. The application process, due diligence etc would take long time to get over the line. I feel once we start mining, it would be much easier to get a partnership through off-take. That is cheaper and more efficient.
 
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